China's Tongdao Liepin Group interim revenue rises on business customer growth
China's Tongdao Liepin Group interim revenue rises on business customer growth
Overview
China talent acquisition firm's interim revenue grew 5.6% yr/yr for six months ended June 2026
Net profit attributable to equity shareholders rose 9.6% yr/yr
Board does not recommend interim dividend for six months ended June 2026
Outlook
Company did not provide specific financial guidance for the current or future periods
Result Drivers
TALENT ACQUISITION SERVICES - Revenue was mainly generated from providing talent acquisition and HR services to business customers and talent development services to individual users
AI-DRIVEN DEMAND - Company said enterprise demand for talent with AI proficiency and advanced skills drove growth in job postings and talent matching
SECTOR EXPANSION - Growth in job postings was notable in advanced manufacturing, electronics, communications, finance, and professional services
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Net Income Attributable |
| RMB 88 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the employment services peer group is "buy"
Wall Street's median 12-month price target for Tongdao Liepin Group is HK$3.90, about 89.8% above its August 20 closing price of HK$2.06
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 7 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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